Terms Of Service

Welcome to VdsPay!

This Agreement is a contract between you and VdsPay and governs your use of all VdsPay Services. Using the VdsPay Services means that you must accept all of the terms and conditions contained in this Agreement. You should read all of these terms carefully.


VdsPay, helps Merchants receive Payments From their Customers and other third-parties for goods and/or services rendered. VdsPay is an independent contractor and is not in anyway affiliated with the Merchants neither is it an agent or trustee for the Merchants. As such, VdsPay has no control of, or liability for, the products or services that are paid for with VdsPay. We do not guarantee that a Merchant would complete a transaction. VdsPay is simply, a third party payment gateway.


The Domain name “vdspay.net” and its Logo, are properties of “Victorious Data Services Ltd.”. Page scripts, graphics, headers and more are either copyrighted or trademarks of Victorious Data Services Ltd. You shall not make use of them without any prior permission.


All payments received by VdsPay for Merchants are held for a period between 36 – 72 hours for review. Funds received are not made available immediately to Merchants. Upon Release of the funds, 1.5% of the amount is held in Reserve which is released bi-weekly.


The VdsPay account is simply a temporary account to hold the temporary funds for a period after which the amount is settled to the Merchant’s Bank Account. VdsPay, is not a Bank or a Clearing House or a Deposit/Savings House. The major use of the VdsPay account, is to track, and monitor transactions done by the Merchant through VdsPay.

Settlements of transactions take between 5 business days from the time of transaction or less. Transactions are settled to Merchant’s bank after it has been settled to reserve bank by the processor. The complete time frame for this process is 5 business days. Settlements submitted before 2.00PM GMT would be processed same day while settlements submitted after 2.00PM GMT would be processed next working day.

There are two main credit card terminals on VdsPay namely WebPAY & Gaming. The boarding fee for WebPAY Gateway is $300 USD which is paid initially via a bank transfer or a credit/debit card and attracts no monthly fee. The boarding fee for Gaming Gateway is $500 USD and attracts a monthly fee of $100 USD. The boarding fee cannot be deducted from the sales as its paid after application is submitted and payment requested. If both terminals are applied for(WebPAY & Gaming), Merchant is to pay only $500 USD and the monthly fee subsequently.


Merchants are free to close their accounts and terminate service at any time they wish! However, you cannot close your account to evade an investigation. Funds are settled to merchant bank account 14 days after closing.


We do our best to prevent fraudulent transactions. However, in the event of a chargeback, a fee of $200 will be charged.


Where chargeback is beyond the limit, VdsPay tends to Terminate Service. As a result of this, Funds in the Merchant account, are held for a period of 180 Days to process all further chargebacks and refunds. By using VdsPay, In the Event of service termination, funds awaiting will be held for 180 days from the last sale to process refunds and chargebacks.


Certain products and/or services have been restricted from our network. The following are products/services that are banned and would be rejected by VdsPay when an application is submitted:

  • Illegal and Potentially Illegal Products/Services
  • Adult Entertainment (Sexually Oriented)
  • Pre-Adult Content- Pictures, Videos, etc. of individuals under the age of 18
  • Firearms, Ammunition, High Capacity Magazines, Weapons (Swords, Knives, etc.)
  • Tobacco Products, Smoking Mixtures, or Tobacco Substitutes
  • Drug Paraphernalia
  • Prescription Drugs/Devices, Controlled Substances, Unapproved Drugs, Unapproved Medical Devices, Pseudo-Pharmaceuticals
  • Adult Memberships and Subscriptions
  • Financial Services or Advice (including but not limited to)
    • Check cashing
    • Collection agencies or firms involved in recovering/collecting past due receivables
    • Credit Counseling or Credit Repair Services
    • Currency exchange
    • Debt consolidation
    • Loan or Mortgage Modification
    • Credit card protection (including identity theft protection)
    • Money transfer services/Cash Advance (except for regulated Financial Institutions which are acceptable)
    • Quasi Cash
  • Spiritual Services and Religious Activities Such as: Church Offering and Tithe, Deliverance and Exorcism
  • Sports Betting
  • Seeking Donations For Rallies that are against the society and are pro-secessionists
  • Sites that promote Hatred, Racism, or Religious Persecution
  • Matrimonial sites, “Find-A-Bride”, etc.
  • Cultural artifacts, Antiquities, and Native American Artifacts
  • Police and other Government Identification and Equipment
  • Fulfillment Centers
  • “Get-rich-quick” schemes
  • Pseudo-pharmaceuticals (anti-aging pills, sex nutrients, etc.)
  • Pimping or Escorts Services
  • Legal services and/or advice
  • Phone unlocking/“jailbreaking”/”rooting”, modification chips, unlock codes


These services are not prohibited. They are allowed but with special requirements, documents, specifics and approvals with differing terms. You should contact VdsPay via email inquiry@vdspay.net before attempting to sell these services with our network:

  • Tickets to events and shows
  • Online Exam Payments – This is directed at schools
  • Dating/Social networking – Similar to the Prohibited Product (Adult Memberships/Subscriptions)
  • Real-Estate
  • Payment Processing Services- Using VdsPay to collect payments for Other Merchants


Merchants are restricted from performing any of these activities:

  • Selling The VdsPay API
  • Trying to “Trick” VdsPay by using approved website as gateway for other sites to access vdspay! (Similar to the Restricted Service – Payment Processing Services)
  • have a credit score from a credit reporting agency that indicate a high level of risk associated with your use of the services;
  • send unsolicited, email to a user or use the Services to collect payments for sending, or assisting in sending unsolicited email third parties;
  • Placing Orders for your customers! -Similar to Virtual Terminal which is currently not allowed.
Limitations of Liability:

We shall only be liable to your for loss or damage caused directly and reasonably foreseeable by our breach of this Agreement and our liability in these circumstances is limited as set out in the remainder of this section.

a. In no event shall we, the other companies in our corporate group, persons who act on our behalf, and/or the person we enter into contracts with be liable for any of the following types of loss or damage arising under to in relation to this Agreement (whether in contract, tort (including, without limitation, negligence) or otherwise:
(i) Any loss of profits, goodwill, business, contracts, revenue or anticipated savings; or
(ii) Any loss or corruption of data: or
(iii) Any indirect or consequential loss or damage whatsoever.

b. Nothing in this Agreement shall limit our liability resulting from our fraud or fraudulent misrepresentation, gross negligence, willful misconduct, for death or personal injury resulting from either our or our subcontractor’s negligence or to the extent such limitation or exclusion is not permitted by applicable law.